Cost to Own
United StatesFloridaMiami-Dade CountyWest Perrine Population 9,944 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in West Perrine, Florida

A $329,000 home here costs

$2,543

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,691. The real number is $851 higher every month — 50% more than the payment most buyers budget for.

West Perrine median: $328,800
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $263,200 borrowed $1,691
Property tax0.635% effective rate for West Perrine itself $174
Homeowners insuranceFlorida averages $2,437/yr (NAIC), or 0.725% of home value $199
Electricity15.17¢/kWh — Florida residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $274
Total monthly $2,543

West Perrine against Miami-Dade County and Florida

MeasureWest PerrineMiami-Dade County
Median home value$328,800$425,400
Median property tax$2,089$3,516
Effective tax rate0.635%0.827%
Median gross rent$1,413$1,731
Population9,9442,685,296

The weather behind that power bill

West Perrine sits in Miami-Dade County, which averages a high of 91.7°F in its hottest month and a low of 56.8°F in its coldest, with 56.08" of precipitation a year and 43% of it in a single three-month stretch. That climate drives 4,244 cooling and 156 heating degree days, which is what sets the $136 electricity line above.

See the full climate breakdown for Miami-Dade County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Miami-Dade County

Full Miami-Dade County cost breakdown · Every county in Florida

Common questions

How much does it cost to own a home in West Perrine?

A $329,000 home in West Perrine, Florida costs approximately $2,543 per month with 20% down at 6.66%. That is $1,691 principal and interest, $174 property tax, $199 homeowners insurance, $204 utilities and $274 set aside for maintenance.

What is the property tax rate in West Perrine?

West Perrine has an effective property tax rate of 0.635%, based on a median home value of $328,800 and median real estate taxes of $2,089. That is lower than the Miami-Dade County average of 0.827%.

What is the average home price in West Perrine?

The median owner-occupied home value in West Perrine, Florida is $328,800, against $425,400 across Miami-Dade County.

Is it cheaper to rent or buy in West Perrine?

Median gross rent in West Perrine is $1,413 a month, against $2,543 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for West Perrine — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Florida.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology